Miami Retail and Restaurant Opportunity

4200 NW 2nd Ave, Miami, FL 33127

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For Sale

$5,680,000

Retail and restaurant spaces in upcoming Miami neighborhood for sale.

Type:Commercial

Property size:

7,149 SF

Lot size:

0.24 Acres

Price / SF:

$794/SF

HighLights

Strategic location: Corner property, two blocks from Miami Design District and Wynwood.
High Rental Income Potential: 7,149 rentable Sq.Ft distributed in 3 units.
Large 3,000 sq. ft. patio ideal for outdoor seating (restaurant unit).
Permitted Uses: Two units being permitted for retail/yoga studio; one for a restaurant.
Large Lot Size: 10,965 Sq.Ft lot size.
Located in a Miami upcoming neighborhood

We can help!

Contact an agent

Alexander Boria

For Sale

$5,680,000

Retail and restaurant spaces in upcoming Miami neighborhood for sale.

Type:Commercial

Property size:

7,149 SF

Lot size:

0.24 Acres

Price / SF:

$794/SF

Added:: Mar 11, 2026
Days on Market:: 120
Last Refresh:: Jul 2 at 10:14 am

Property Features for 4200 NW 2nd Ave

General Information

Standard status: Active
Size: 7,149 SF
Lot size: 0.24 Acres
Property subtype: Commercial

Building Details

Year Built: 1957

We can help!

Contact an agent

Alexander Boria

Listing office Borluv, Inc.

Listing date Mar 11, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Borluv, Inc.

HighLights

Strategic location: Corner property, two blocks from Miami Design District and Wynwood.
High Rental Income Potential: 7,149 rentable Sq.Ft distributed in 3 units.
Large 3,000 sq. ft. patio ideal for outdoor seating (restaurant unit).
Permitted Uses: Two units being permitted for retail/yoga studio; one for a restaurant.
Large Lot Size: 10,965 Sq.Ft lot size.
Located in a Miami upcoming neighborhood

Overview

This commercial property features 7,149 rentable square feet distributed across three units, situated on a 10,965 square foot lot. Located in an upcoming Miami neighborhood, the corner property is positioned on NW 2nd Avenue, two blocks west of the Miami Design District and two blocks north of Wynwood. The property's location offers proximity to primary transportation links, shopping centers, and dining options. Two of the three units are being permitted for retail use, including a yoga studio. The largest unit is under construction to become a 3,000 square foot restaurant with a patio suitable for outdoor seating. This property is suitable for businesses seeking a strategic location and presents an opportunity for investors or landlords.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$457.3k	$63.96
− Vacancy	−$6.9k	−$0.96
EGI	$450.4k	$63.00
− OpEx	−$112.6k	−$15.75
NOI	$337.8k	$47.25

7,149 SF · lease $63.96/SF/yr · vacancy 1.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$4.83M

$4.22M – $5.63M (±1% cap)

NOI $337,793 @ 7.0% cap · market cap 5.95%

Second Best

Retail

$3.33M

$2.92M – $3.89M (±1% cap)

NOI $233,241 @ 7.0% cap · market cap 4.11%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Solange Amalia Community ... Medical Clinic MIRAI Design District Corporate Office B.O.F. Paradise Academy Daycare Center Di Construction General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.1998
Latitude: 25.815

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For sale
Retail space
FL
Miami
33127
4200 NW 2nd Ave

What type of property is this?

Retail space - Retail and restaurant spaces in upcoming Miami neighborhood for sale.

Where is this retail space located?

The property is located at 4200 NW 2nd Ave Miami, FL.

What is the asking price?

The asking price for this property is $5,680,000.

What are key features of this property?

This property features: Strategic location: Corner property, two blocks from Miami Design District and Wynwood.; High Rental Income Potential: 7,149 rentable Sq.Ft distributed in 3 units.; Large 3,000 sq. ft. patio ideal for outdoor seating (restaurant unit).